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Assessing Regional Trading Arrangements in the Asia-Pacific

John Gilbert (), Robert Scollay and Bijit Bora

No 200101, Working Papers from Utah State University, Department of Economics and Finance

Abstract: Using both a gravity model to consider the natural trading bloc hypothesis, and simulation using a CGE model to make welfare estimates, we examine the potential effect of a subset of the new RTA proposal in the APEC region. In broad terms the two approaches appear consistent in their ability to identify RTAs that are beneficial in terms of the welfare of the proposed members. However, comparison of the two alternative approaches does not lead to support for the hypothesis that natural blocs are less likely to be damaging to those economies that remain on the outside of the new proposals.

Keywords: Trade policy; Asia; CGE (search for similar items in EconPapers)
JEL-codes: F13 F15 C21 C68 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2011-01-20
New Economics Papers: this item is included in nep-cmp
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ftp://repec.bus.usu.edu/RePEc/uth/wpaper/DEFWP2001-01.pdf (application/pdf)

Related works:
Working Paper: Assessing Regional Trading Arrangements in the Asia-Pacific (2011) Downloads
Working Paper: ASSESSING REGIONAL TRADING ARRANGEMENTS IN THE ASIA-PACIFIC (2002) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:uth:wpaper:200101

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